Reuters. Lithuania's Prime Minister Gintautas Paluckas said on Thursday he would resign, after facing pressure to do so over his business ties to a company owned by his sister-in-law.
Paluckas in a statement said his past mistakes had hindered the work of his government, prompting his "quick and confident decision" to resign.
Opposition parties in the Baltic country have criticized Paluckas for business dealings in which a company he co-owns sold electric batteries to another firm owned by his sister-in-law, in a deal financed by a government agency.
Paluckas had in recent weeks denied any wrongdoing.
The next prime minister will be picked by Paluckas' Social Democrat party, which holds 52 out of 141 seats in Parliament, said Mazvydas Jastramskis, a political analyst with the Vilnius Institute of International Relations and Political Science.
